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Rich People Poor Countries: The Rise of Emerging-market Tycoons and Their Mega Firms Paperback – January 15, 2016

by Caroline Freund (Author)

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Like the robber barons of the 19th century Gilded Age, a new and proliferating crop of billionaires is driving rapid development and industrialization in poor countries. The accelerated industrial growth spurs economic prosperity for some, but it also widens the gap between the super rich and the rest of the population, especially the very poor. In Rich People Poor Countries, Caroline Freund identifies and analyzes nearly 700 emerging-market billionaires whose net worth adds up to more than $2 trillion. Freund finds that these titans of industry are propelling poor countries out of their small scale production and agricultural past and into a future of multinational industry and service-based mega firms. And more often than not, the new billionaires are using their newfound acumen to navigate the globalized economy, without necessarily relying on political connections, inheritance, or privileged access to resources. This story of emerging-market billionaires and the global businesses they create dramatically illuminates the process of industrialization in the modern world economy.

Rich People Poor Countries: The Rise of Emerging-market Tycoons and Their Mega Firms

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Product Details

Paperback: 200 pages
Publisher: Peterson Institute for International Economic (January 15, 2016)
Language: English
ISBN-10: 0881327034
ISBN-13: 978-0881327038
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Amazon Best Sellers Rank: #2,864,657 in Books (See Top 100 in Books)
- #4315 in Books > Politics & Social Sciences > Politics & Government > Specific Topics > Political Economy
- #7400 in Books > Business & Money > Economics > Economic Conditions

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